• A Dubai ambulance worker is vaccinated with the Pfizer-BioNtech vaccine in Dubai.
    A Dubai ambulance worker is vaccinated with the Pfizer-BioNtech vaccine in Dubai.
  • An older resident receives her first shot at Zabeel Health Centre on December 27, 2020.
    An older resident receives her first shot at Zabeel Health Centre on December 27, 2020.
  • The vaccine is expected to be rolled out to all age groups once people in the essential categories have been vaccinated.
    The vaccine is expected to be rolled out to all age groups once people in the essential categories have been vaccinated.
  • A nurse holds a dose of the Pfizer-BioNTech vaccine, which was approved for use by Dubai's emergency and crisis authority and the federal Ministry of Health.
    A nurse holds a dose of the Pfizer-BioNTech vaccine, which was approved for use by Dubai's emergency and crisis authority and the federal Ministry of Health.
  • An employee from Roads and Transport Authority receives a dose of the Pfizer-BioNTech vaccine in Dubai.
    An employee from Roads and Transport Authority receives a dose of the Pfizer-BioNTech vaccine in Dubai.
  • A woman receives a dose of the Pfizer-BioNTech vaccine at Zabeel Health Centre in Dubai on 27 December, 2020.
    A woman receives a dose of the Pfizer-BioNTech vaccine at Zabeel Health Centre in Dubai on 27 December, 2020.
  • The city has six vaccine centres where the Pfizer-BioNTech shot is available.
    The city has six vaccine centres where the Pfizer-BioNTech shot is available.
  • A man waits to receive the first of two doses at Zabeel Health Centre in Dubai on 27 December, 2020.
    A man waits to receive the first of two doses at Zabeel Health Centre in Dubai on 27 December, 2020.
  • A nurse opens a freezer at Barsha Health Centre. The Pfizer-BioNTech vaccine must be kept at minus 70C when transported.
    A nurse opens a freezer at Barsha Health Centre. The Pfizer-BioNTech vaccine must be kept at minus 70C when transported.
  • A nurse opens a freezer at Barsha Health Centre. The Pfizer-BioNTech vaccine must be kept at minus 70C when transported.
    A nurse opens a freezer at Barsha Health Centre. The Pfizer-BioNTech vaccine must be kept at minus 70C when transported.
  • A vial of the vaccine is seen at Barsha Health Centre. AFP
    A vial of the vaccine is seen at Barsha Health Centre. AFP
  • A nurse prepares a dose of the Pfizer-BioNTech vaccine at al-Barsha Health Centre in Dubai. AFP
    A nurse prepares a dose of the Pfizer-BioNTech vaccine at al-Barsha Health Centre in Dubai. AFP

Six promising Covid-19 vaccines set to join the immunisation race


Daniel Bardsley
  • English
  • Arabic

Covid-19 vaccines have become household names after being heralded as the most viable long-term solution to an outbreak which has raged for more than a year.

From Sinopharm and Pfizer-BionTech, to Moderna and Oxford-AstraZeneca, all have seeped into the collective consciousness of a world eager for a way back to normality.

Over the coming months, other vaccines are set to become equally well known as they secure approval from regulators.

Vaccines all the time are going to improve – they will be better and better quality

No fewer than 74 Covid-19 vaccines - including those already released - have reached clinical trials and a further 182 are in preclinical studies.

According to Prof Polly Roy, professor of virology at the London School of Hygiene and Tropical Medicine, experience with vaccines so far during the pandemic is proving useful to researchers looking to improve jabs.

“I think it is teaching us many different things that help to make better quality vaccines,” she said.

“Vaccines all the time are going to improve – they will be better and better quality.”

For example, messenger RNA (mRNA) vaccines will be modified so that they are easier to preserve – the Pfizer-BioNTech jab must be stored at at least -70 °C – while "multi-variant vaccines" better able to cope with mutations in the coronavirus will also be released, Prof Roy indicated. Pfizer and BioNTech are seeking approval to be allowed to store the vaccine at higher temperatures.

With efficacy rates in some cases above 90 per cent, existing vaccines have set a high bar for subsequent shots and weeded out some below-par shots.

Here, we look at some of the key vaccines set to make a mark.

Six promising Covid vaccines awaiting approvals:

  • Janssen/Johnson and Johnson, single dose
  • Bharat Biotech (Covaxin), two doses
  • EpiVacCorona, two doses
  • Valneva, two doses
  • Novavax, two doses
  • SpyBiotech

The Janssen /Johnson and Johnson vaccine

Developed by Janssen, a Belgian subsidiary of US-headquartered Johnson and Johnson, this vaccine stands out for being administered as a single dose. It was recently approved for US distribution by the FDA.

Crucially for global distribution, it is low cost and can be stored in refrigerators.

“It looks very good. It will be useful in poorer-world situations,” said Prof David Taylor, professor emeritus of pharmaceutical and public health policy at University College London.

It is based on an adenovirus that normally infects people but has been modified to prevent it from replicating and causing disease.

Genetic material has been added so the adenovirus causes human cells to produce harmless coronavirus spike proteins, the immune response to which protects against the coronavirus.

The Oxford-AstraZeneca vaccine and Russia’s Sputnik V are also based on adenoviruses.

Clinical trials found the vaccine did not produce major side effects and was 66 per cent effective at preventing moderate to severe illness four weeks after a single dose, and 85 per cent effective at averting severe illness.

The vaccine also reduces transmission, although it is less effective against the South African and Brazilian variants. One billion doses could be produced this year.

The Bharat Biotech (Covaxin) vaccine

India’s Covid-19 vaccine, developed by Bharat Biotech, has been pre-approved by the country’s authorities.

It was found to be 81 per cent effective against the virus in phase three trials.

Covaxin is based on an inactivated version of the coronavirus that cannot replicate or cause illness, yet prompts a protective immune response, like the Sinopharm and Sinovac vaccines.

The inactivated virus is given alongside an immune potentiator or adjuvant, a substance that strengthens the immune response.

This two-dose vaccine entered late-stage clinical trials in India – where it is being manufactured – in mid-November, and there are trials in Bangladesh too.

  • A handout photo by Bangalore Kempegowda International Airport showing the arrival of Covid-19 vaccine in Bangalore, India. EPA
    A handout photo by Bangalore Kempegowda International Airport showing the arrival of Covid-19 vaccine in Bangalore, India. EPA
  • Officials arrange boxes containing vials of Covishield, a coronavirus vaccine manufactured by Serum Institute of India, after a consignment of the vaccines arrived from the western city of Pune for its distribution, inside a cold storage room at a vaccination storage centre in Ahmedabad, India. Reuters
    Officials arrange boxes containing vials of Covishield, a coronavirus vaccine manufactured by Serum Institute of India, after a consignment of the vaccines arrived from the western city of Pune for its distribution, inside a cold storage room at a vaccination storage centre in Ahmedabad, India. Reuters
  • Officials unload boxes containing vials of Covishield, a coronavirus vaccine manufactured by Serum Institute of India, after a consignment of the vaccines arrived from the western city of Pune for its distribution, outside a vaccination storage centre in Ahmedabad, India. Reuters
    Officials unload boxes containing vials of Covishield, a coronavirus vaccine manufactured by Serum Institute of India, after a consignment of the vaccines arrived from the western city of Pune for its distribution, outside a vaccination storage centre in Ahmedabad, India. Reuters
  • Workers transfer carton boxes of a Covishield vaccine manufactured by Pune based Serum Institute of India (SII) that arrived in a lorry into the Karnataka Health Department cold storage facility in Bangalore, in preparation for the first round of vaccination drive scheduled to begin across the country from January 16. AFP
    Workers transfer carton boxes of a Covishield vaccine manufactured by Pune based Serum Institute of India (SII) that arrived in a lorry into the Karnataka Health Department cold storage facility in Bangalore, in preparation for the first round of vaccination drive scheduled to begin across the country from January 16. AFP
  • A health official carries Covid-19 vaccine boxes at a state vaccine storage centre in Bangalore, India. EPA
    A health official carries Covid-19 vaccine boxes at a state vaccine storage centre in Bangalore, India. EPA
  • Policemen guard the entrance of the Karnataka Health Department cold storage centre as a vehicle carrying 648,000 vials of Covishield vaccine produced by Pune-based Serum Institute of India (SII) arrives in Bangalore, in preparation for the first round of vaccination drive scheduled to begin across the country from January 16. AFP
    Policemen guard the entrance of the Karnataka Health Department cold storage centre as a vehicle carrying 648,000 vials of Covishield vaccine produced by Pune-based Serum Institute of India (SII) arrives in Bangalore, in preparation for the first round of vaccination drive scheduled to begin across the country from January 16. AFP
  • A health official pretends to administer a shot of Covid-19 vaccine to a volunteer during a mock vaccination drill at a school, in Dharmsala, India. AP Photo
    A health official pretends to administer a shot of Covid-19 vaccine to a volunteer during a mock vaccination drill at a school, in Dharmsala, India. AP Photo
  • A health worker checks a syringe before performing a trial run of Covid-19 vaccine delivery system in Gawahati, India. AP Photo
    A health worker checks a syringe before performing a trial run of Covid-19 vaccine delivery system in Gawahati, India. AP Photo
  • A health worker performs a trial run of the Covid-19 vaccine delivery system in New Delhi, India. AP Photo
    A health worker performs a trial run of the Covid-19 vaccine delivery system in New Delhi, India. AP Photo
  • A transport vehicle ferries 648,000 vials of Covishield vaccine manufactured by Pune-based Serum Institute of India (SII) to the Karnataka Health Department cold storage centre after the consignment arrived at Bangalore International Airport in Bangalore, in preparation for the first round of vaccination drive scheduled to begin across the country from January 16. AFP
    A transport vehicle ferries 648,000 vials of Covishield vaccine manufactured by Pune-based Serum Institute of India (SII) to the Karnataka Health Department cold storage centre after the consignment arrived at Bangalore International Airport in Bangalore, in preparation for the first round of vaccination drive scheduled to begin across the country from January 16. AFP
  • A handout photo made available by Bangalore Kempegowda International Airport showing the arrival of Covid-19 vaccine in Bangalore, India. EPA
    A handout photo made available by Bangalore Kempegowda International Airport showing the arrival of Covid-19 vaccine in Bangalore, India. EPA

Because the vaccine is made up of inactivated whole virus particles – not just the spike protein – the immune response may be more protective against emerging variants, which tend to have key changes in the spike protein.

Stored in refrigerators, the vaccine is likely to be administered in numerous Asian countries, including the Philippines, Sri Lanka and Myanmar, as well as Bahrain and Oman. Bharat Biotech’s investments in factories mean monthly production could reach 40 million doses.

The EpiVacCorona vaccine

Following Russia’s Sputnik V comes another vaccine from the country, EpiVacCorona, from the Vector State Research Centre of Virology and Biotechnology. Regulators in Russia have already approved the vaccine.

While many Covid-19 vaccines involve injecting into people genetic material that codes for the production of coronavirus proteins, EpiVacCorona consists of synthetic versions of coronavirus proteins themselves.

These are in the form of short fragments or peptides linked to a carrier protein, and are supplied with an adjuvant to strengthen the immune response.

Officials have claimed that results from early trials are impressive. All under-60s developed antibodies against the coronavirus, while 94 per cent of over-60s produced an immune response.

They have also said the vaccine has been shown to be effective against the UK coronavirus variant and have predicted that it would work against the South African and Brazilian variants too.

Administered as two doses, the vaccine is said to have sparked interest from 45 countries, with Russia’s neighbour Belarus among the nations likely to receive supplies.

The Valneva vaccine

Like the Sinopharm and Sinovac vaccines and others likely to be used soon, the Valneva offering is based on an inactivated version of the coronavirus.

Valneva, which is headquartered in France and has manufacturing plants in Austria, Scotland and Sweden, announced in late January that it had started producing doses so that there would be stockpiles once approval was granted.

The UK has already ordered 100 million doses of the vaccine and these supplies should be available from the end of 2021 or early next year, should the vaccine be approved.

  • Margaret Austin, 87, receives an injection of a Covid-19 vaccine at a NHS mass coronavirus vaccination centre at Robertson House in Stevenage. Reuters
    Margaret Austin, 87, receives an injection of a Covid-19 vaccine at a NHS mass coronavirus vaccination centre at Robertson House in Stevenage. Reuters
  • A woman receives Covid-19 vaccine at a vaccination centre at a cinema in Maidstone, Britain. Reuters.
    A woman receives Covid-19 vaccine at a vaccination centre at a cinema in Maidstone, Britain. Reuters.
  • A couple pose for the press as they arrive at the Excel Centre as it opens as a mass vaccination centre in London. AFP
    A couple pose for the press as they arrive at the Excel Centre as it opens as a mass vaccination centre in London. AFP
  • A member of staff wears a mask inside the Excel Centre in London. Getty Images
    A member of staff wears a mask inside the Excel Centre in London. Getty Images
  • People queue inside the Excel Centre in London. Getty Images
    People queue inside the Excel Centre in London. Getty Images
  • People arrive at the Excel centre in London. AFP
    People arrive at the Excel centre in London. AFP
  • People arrive at Epsom Downs Racecourse as it opens as a Covid-19 mass vaccination centre. AFP
    People arrive at Epsom Downs Racecourse as it opens as a Covid-19 mass vaccination centre. AFP
  • People speak to a car-parking attendant to get directions as they arrive at Epsom Downs Racecourse. AFP
    People speak to a car-parking attendant to get directions as they arrive at Epsom Downs Racecourse. AFP
  • A patient receives an injection of the Oxford/AstraZeneca vaccine at a NHS mass coronavirus vaccination centre at Epsom Downs Racecourse. Reuters
    A patient receives an injection of the Oxford/AstraZeneca vaccine at a NHS mass coronavirus vaccination centre at Epsom Downs Racecourse. Reuters
  • Robert Williams, 84, receives an injection of the Oxford/AstraZeneca Covid-19 vaccine at a mass vaccination centre at Epsom Downs Racecourse. AFP
    Robert Williams, 84, receives an injection of the Oxford/AstraZeneca Covid-19 vaccine at a mass vaccination centre at Epsom Downs Racecourse. AFP
  • Members of the public arrive at the Etihad tennis centre as it opens as a mass vaccination centre in Manchester. AFP
    Members of the public arrive at the Etihad tennis centre as it opens as a mass vaccination centre in Manchester. AFP
  • Members of the public sit with staff before receiving an Oxford/AstraZeneca Covid-19 vaccine at a mass vaccination centre at Epsom Downs Racecourse. AFP
    Members of the public sit with staff before receiving an Oxford/AstraZeneca Covid-19 vaccine at a mass vaccination centre at Epsom Downs Racecourse. AFP
  • People wait in line for their injection of the Oxford/AstraZeneca vaccine at the mass vaccination centre in Newcastle Upon Tyne. AP Photo
    People wait in line for their injection of the Oxford/AstraZeneca vaccine at the mass vaccination centre in Newcastle Upon Tyne. AP Photo
  • A man receives an injection of the Oxford/AstraZeneca Covid-19 vaccine at a mass vaccination centre at Epsom Downs Racecourse. AFP
    A man receives an injection of the Oxford/AstraZeneca Covid-19 vaccine at a mass vaccination centre at Epsom Downs Racecourse. AFP
  • The Ashton Gate stadium in Bristol, where a Covid-19 vaccination center has been set up. EPA
    The Ashton Gate stadium in Bristol, where a Covid-19 vaccination center has been set up. EPA
  • A nurse puts up a sign outside the Millennium Point Vaccination Centre in Birmingham. Reuters
    A nurse puts up a sign outside the Millennium Point Vaccination Centre in Birmingham. Reuters
  • People stand behind a sign showing the way to the NHS Vaccination Centre in Manchester. Reuters
    People stand behind a sign showing the way to the NHS Vaccination Centre in Manchester. Reuters

Showing how far ahead governments are looking, and indicating that Covid-19 vaccination is going to be an ongoing part of life, the British government has an option for a further 90m doses to be delivered between 2023 and 2025. Up to 60m doses may be ordered by the European Union.

The company has said results from the first clinical trials of the vaccine – the only one based on an inactivated virus under development in Europe – should be available in April.

The Novavax vaccine

This vaccine consists of purified coronavirus spike protein, produced in insect cells, along with Novavax’s proprietary adjuvant to strengthen the immune response.

Novavax, a US biotechnology company founded in 1987, said the vaccine cannot replicate in human cells nor can it cause Covid-19, and is stable in refrigerators.

Clinical trials in the UK found the vaccine to be 89.3 per cent effective overall at preventing Covid-19, although it was marginally less effective at stopping people from falling ill to the more transmissible UK variant.

During clinical trials in South Africa, where another more transmissible variant is prevalent, efficacy was significantly lower, at only 60 per cent.

In the second quarter of this year, the company plans to begin testing a reworked vaccine better able to cope with new variants. This could be given as a booster shot or as part of a joint vaccine with the original version, what the company calls a combination bivalent vaccine.

Should the vaccine get the regulatory green light, Novavax is due to deliver 60m doses to the British government in the second half of this year, manufactured in England.

  • UAE residents of all ages are eligible for the Sinopharm shot, which is available across the seven emirates. All photos by Victor Besa / The National
    UAE residents of all ages are eligible for the Sinopharm shot, which is available across the seven emirates. All photos by Victor Besa / The National
  • People register for the vaccine at Seha's cruise ship terminal vaccine centre
    People register for the vaccine at Seha's cruise ship terminal vaccine centre
  • Both the government and employers have urged the public to get vaccinated, as the country faces record daily numbers of new cases
    Both the government and employers have urged the public to get vaccinated, as the country faces record daily numbers of new cases
  • An Abu Dhabi resident waits to receive her first shot at the Seha vaccination centre at Abu Dhabi Cruise Terminal.
    An Abu Dhabi resident waits to receive her first shot at the Seha vaccination centre at Abu Dhabi Cruise Terminal.
  • Sisters Aya and Jana register for the vaccine shot
    Sisters Aya and Jana register for the vaccine shot
  • Suzana and husband Novica Ristovic get vaccinated pictured with the advice brochures given to all volunteers
    Suzana and husband Novica Ristovic get vaccinated pictured with the advice brochures given to all volunteers
  • Shaikha Al Dheiri waits to be called in for the first of two shots that are necessary to provide protection against the virus
    Shaikha Al Dheiri waits to be called in for the first of two shots that are necessary to provide protection against the virus
  • The Seha Vaccination Centre at Abu Dhabi Cruise Terminal can serve up to 3,000 people per day. Victor Besa / The National
    The Seha Vaccination Centre at Abu Dhabi Cruise Terminal can serve up to 3,000 people per day. Victor Besa / The National
  • The vaccination Centre at Abu Dhabi Cruise Terminal
    The vaccination Centre at Abu Dhabi Cruise Terminal
  • A medic holds up a package containing the Chinese-made Sinopharm vaccine
    A medic holds up a package containing the Chinese-made Sinopharm vaccine
  • Emirati Abdulaziz Karmastaji gets a basic blood oxygen check before his vaccination
    Emirati Abdulaziz Karmastaji gets a basic blood oxygen check before his vaccination
  • Two shots are required 21 days apart to ensure people have sufficient antibodies to protect them
    Two shots are required 21 days apart to ensure people have sufficient antibodies to protect them
  • A man is inoculated at Seha Vaccination Centre in the Abu Dhabi Cruise Terminal
    A man is inoculated at Seha Vaccination Centre in the Abu Dhabi Cruise Terminal
  • Mohamed Hawas Al Sadid, chief executive of Abu Dhabi's public hospital operator Seha, oversees the vaccination drive
    Mohamed Hawas Al Sadid, chief executive of Abu Dhabi's public hospital operator Seha, oversees the vaccination drive
  • The Seha Vaccination Centre at Abu Dhabi Cruise Terminal can serve up to 3,000 people per day
    The Seha Vaccination Centre at Abu Dhabi Cruise Terminal can serve up to 3,000 people per day

The Sanofi / GlaxoSmithKline vaccine

Disappointing clinical results for this vaccine were announced last year, with the immune response in older people poorer than had been hoped. Reports have indicated that people in clinical trials were given a lower dose than they should have been.

New trials are being carried out with a different dosing regime with the aim of seeing the vaccine released at the end of 2021. The companies are also developing an updated version aimed to protect against the South African and other variants.

Adopting a similar approach to EpiVacCorona, this vaccine consists of Sars-CoV-2 proteins produced by genetically engineered organisms (contributed by Sanofi), plus an adjuvant (supplied by GSK). Protein vaccines of this kind produced through genetic engineering are well established.

The SpyBiotech vaccine

Developed with the Serum Institute of India, this vaccine uses SpyBiotech’s own “superglue” technology to display the coronavirus spike protein on virus-like particles (VLPs), which are similar to viruses but are unable to cause infection. The VLPs, based on hepatitis B, are a well-established vaccine platform.

The superglue technology, called SpyCatcher/SpyTag, is licensed from the University of Oxford, from which SpyBiotech was "spun out" as a company, and produces what is described as a "stable" bond. It can be used to produce vaccines against a wide variety of pathogens.
"The vaccine I'm most interested in is the one being produced by SpyBiotech," said Sir John Bell, regius professor of medicine at the university, adding that in tests it produced one of the highest levels of neutralising antibodies – which destroy the virus – in the blood.

“It’s very, very cheap and easy to make. It looks like a great vaccine.”

Clinical trials began in September last year.

Champions League Last 16

 Red Bull Salzburg (AUT) v Bayern Munich (GER) 

Sporting Lisbon (POR) v Manchester City (ENG) 

Benfica (POR) v Ajax (NED) 

Chelsea (ENG) v Lille (FRA) 

Atletico Madrid (ESP) v Manchester United (ENG) 

Villarreal (ESP) v Juventus (ITA) 

Inter Milan (ITA) v Liverpool (ENG) 

Paris Saint-Germain v Real Madrid (ESP)  

MATCH INFO

Tottenham Hotspur 1
Kane (50')

Newcastle United 0

Expert advice

“Join in with a group like Cycle Safe Dubai or TrainYAS, where you’ll meet like-minded people and always have support on hand.”

Stewart Howison, co-founder of Cycle Safe Dubai and owner of Revolution Cycles

“When you sweat a lot, you lose a lot of salt and other electrolytes from your body. If your electrolytes drop enough, you will be at risk of cramping. To prevent salt deficiency, simply add an electrolyte mix to your water.”

Cornelia Gloor, head of RAK Hospital’s Rehabilitation and Physiotherapy Centre 

“Don’t make the mistake of thinking you can ride as fast or as far during the summer as you do in cooler weather. The heat will make you expend more energy to maintain a speed that might normally be comfortable, so pace yourself when riding during the hotter parts of the day.”

Chandrashekar Nandi, physiotherapist at Burjeel Hospital in Dubai
 

Voy!%20Voy!%20Voy!
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Omar%20Hilal%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Muhammad%20Farrag%2C%20Bayoumi%20Fouad%2C%20Nelly%20Karim%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A

Name: Brendalle Belaza

From: Crossing Rubber, Philippines

Arrived in the UAE: 2007

Favourite place in Abu Dhabi: NYUAD campus

Favourite photography style: Street photography

Favourite book: Harry Potter

The UAE squad for the Asian Indoor and Martial Arts Games

The jiu-jitsu men’s team: Faisal Al Ketbi, Zayed Al Kaabi, Yahia Al Hammadi, Taleb Al Kirbi, Obaid Al Nuaimi, Omar Al Fadhli, Zayed Al Mansoori, Saeed Al Mazroui, Ibrahim Al Hosani, Mohammed Al Qubaisi, Salem Al Suwaidi, Khalfan Belhol, Saood Al Hammadi.

Women’s team: Mouza Al Shamsi, Wadeema Al Yafei, Reem Al Hashmi, Mahra Al Hanaei, Bashayer Al Matrooshi, Hessa Thani, Salwa Al Ali.

MATCH INFO

Europa League final

Who: Marseille v Atletico Madrid
Where: Parc OL, Lyon, France
When: Wednesday, 10.45pm kick off (UAE)
TV: BeIN Sports

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

Sole survivors
  • Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
  • George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
  • Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
  • Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Sri Lanka's T20I squad

Thisara Perera (captain), Dilshan Munaweera, Danushka Gunathilaka, Sadeera Samarawickrama, Ashan Priyanjan, Mahela Udawatte, Dasun Shanaka, Sachith Pathirana, Vikum Sanjaya, Lahiru Gamage, Seekkuge Prasanna, Vishwa Fernando, Isuru Udana, Jeffrey Vandersay and Chathuranga de Silva.

COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
UAE currency: the story behind the money in your pockets
The specs

  Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now

SERIE A FIXTURES

Saturday

AC Milan v Sampdoria (2.30pm kick-off UAE)

Atalanta v Udinese (5pm)

Benevento v Parma (5pm)

Cagliari v Hellas Verona (5pm)

Genoa v Fiorentina (5pm)

Lazio v Spezia (5pm)

Napoli v Crotone (5pm)

Sassuolo v Roma (5pm)

Torino v Juventus (8pm)

Bologna v Inter Milan (10.45pm)

The biog

Favourite pet: cats. She has two: Eva and Bito

Favourite city: Cape Town, South Africa

Hobby: Running. "I like to think I’m artsy but I’m not".

Favourite move: Romantic comedies, specifically Return to me. "I cry every time".

Favourite spot in Abu Dhabi: Saadiyat beach

What can you do?

Document everything immediately; including dates, times, locations and witnesses

Seek professional advice from a legal expert

You can report an incident to HR or an immediate supervisor

You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline

In criminal cases, you can contact the police for additional support

COMPANY%20PROFILE
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COMPANY%20PROFILE
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Jordan cabinet changes

In

  • Raed Mozafar Abu Al Saoud, Minister of Water and Irrigation
  • Dr Bassam Samir Al Talhouni, Minister of Justice
  • Majd Mohamed Shoueikeh, State Minister of Development of Foundation Performance
  • Azmi Mahmud Mohafaza, Minister of Education and Minister of Higher Education and Scientific Research
  • Falah Abdalla Al Ammoush, Minister of Public Works and Housing
  • Basma Moussa Ishakat, Minister of Social Development
  • Dr Ghazi Monawar Al Zein, Minister of Health
  • Ibrahim Sobhi Alshahahede, Minister of Agriculture and Minister of Environment
  • Dr Mohamed Suleiman Aburamman, Minister of Culture and Minister of Youth

Out

  • Dr Adel Issa Al Tawissi, Minister of High Education and Scientific Research
  • Hala Noaman “Basiso Lattouf”, Minister of Social Development
  • Dr Mahmud Yassin Al Sheyab, Minister of Health
  • Yahya Moussa Kasbi, Minister of Public Works and Housing
  • Nayef Hamidi Al Fayez, Minister of Environment
  • Majd Mohamed Shoueika, Minister of Public Sector Development
  • Khalid Moussa Al Huneifat, Minister of Agriculture
  • Dr Awad Abu Jarad Al Mushakiba, Minister of Justice
  • Mounir Moussa Ouwais, Minister of Water and Agriculture
  • Dr Azmi Mahmud Mohafaza, Minister of Education
  • Mokarram Mustafa Al Kaysi, Minister of Youth
  • Basma Mohamed Al Nousour, Minister of Culture
Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

RESULTS

6pm: Mazrat Al Ruwayah – Group 2 (PA) $40,000 (Dirt) 1,600m
Winner: AF Alajaj, Tadhg O’Shea (jockey), Ernst Oertel (trainer)

6.35pm: Race of Future – Handicap (TB) $80,000 (Turf) 2,410m
Winner: Global Storm, William Buick, Charlie Appleby

7.10pm: UAE 2000 Guineas – Group 3 (TB) $150,000 (D) 1,600m
Winner: Azure Coast, Antonio Fresu, Pavel Vashchenko

7.45pm: Business Bay Challenge – Listed (TB) $100,000 (T) 1,400m
Winner: Storm Damage, Patrick Cosgrave, Saeed bin Suroor

20.20pm: Curlin Stakes – Listed (TB) $100,000 (D) 2,000m
Winner: Appreciated, Fernando Jara, Doug O’Neill

8.55pm: Singspiel Stakes – Group 2 (TB) $180,000 (T) 1,800m
Winner: Lord Glitters, Daniel Tudhope, David O'Meara

9.30pm: Al Shindagha Sprint – Group 3 (TB) $150,000 (D) 1,200m
Winner: Meraas, Antonio Fresu, Musabah Al Muhairi

The biog

Name: Maitha Qambar

Age: 24

Emirate: Abu Dhabi

Education: Master’s Degree

Favourite hobby: Reading

She says: “Everyone has a purpose in life and everyone learns from their experiences”

The Vile

Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah

Director: Majid Al Ansari

Rating: 4/5

War

Director: Siddharth Anand

Cast: Hrithik Roshan, Tiger Shroff, Ashutosh Rana, Vaani Kapoor

Rating: Two out of five stars 

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How to become a Boglehead

Bogleheads follow simple investing philosophies to build their wealth and live better lives. Just follow these steps.

•   Spend less than you earn and save the rest. You can do this by earning more, or being frugal. Better still, do both.

•   Invest early, invest often. It takes time to grow your wealth on the stock market. The sooner you begin, the better.

•   Choose the right level of risk. Don't gamble by investing in get-rich-quick schemes or high-risk plays. Don't play it too safe, either, by leaving long-term savings in cash.

•   Diversify. Do not keep all your eggs in one basket. Spread your money between different companies, sectors, markets and asset classes such as bonds and property.

•   Keep charges low. The biggest drag on investment performance is all the charges you pay to advisers and active fund managers.

•   Keep it simple. Complexity is your enemy. You can build a balanced, diversified portfolio with just a handful of ETFs.

•   Forget timing the market. Nobody knows where share prices will go next, so don't try to second-guess them.

•   Stick with it. Do not sell up in a market crash. Use the opportunity to invest more at the lower price.